Heartland takes 25% stake in online lender Fuelled
The bank will help the Wellington start-up launch into Australia.
Calida Smylie Mon, 20 Feb 2017
Heartland Bank [NZX:HBL] has taken a 25% stake in online small-to-medium business lender Fuelled.
Wellington-based Fuelled, set up 18 months ago, lets SMEs receive immediate cash advances on their outstanding invoices, rather than wait up to 90 days for customers to pay.